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DORFMAN v. FIRST BOSTON CORPORATION

Civ. A. Nos. 70-1845, 71-269.

336 F.Supp. 1089 (1972)

Minnie DORFMAN v. FIRST BOSTON CORPORATION et al. JUSTER, INC. v. FIRST BOSTON CORPORATION et al.

United States District Court, E. D. Pennsylvania.

January 13, 1972.

Attorney(s) appearing for the Case

Mitchell A. Kramer, Philadelphia, Pa., for plaintiff Minnie Dorfman.

Herbert I. Deutsch, New York City, for plaintiff Juster, Inc.

Michael A. Cooper, Sullivan & Cromwell, New York City, for defendant First Boston Corporation.

Raymond K. Denworth, Drinker, Biddle & Reath, Philadelphia, Pa., for defendants Otto N. Frenzel, Edward J. Hanley, Franklin J. Lunding, Thomas L. Perkins and Daniel E. Taylor.

Peter Gruenberger, Weil, Gotshal & Manges, New York City, for defendant Glore Staats Corporation.

Tom P. Monteverde, Pelino, Wasserstrom, Chucas & Monteverde, Philadelphia, Pa., for Pennsylvania Co. and W. W. Riley.

James M. Marx, Holtzmann, Wise & Shepard, New York City, for defendant Robert S. Odell.

OPINION

JOSEPH S. LORD, III, Chief Judge.

Plaintiffs Minnie Dorfman ("Dorfman") and Juster, Inc. ("Juster") have instituted this action to recover damages resulting from their purchase of Pennsylvania Company ("Pennco") bonds in reliance on an allegedly false and misleading offering circular issued by the defendants in connection with the sale. Plaintiffs bring this action on their own behalf and on behalf of all those similarly situated pursuant to F.R...

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